Investment in India's agrifoodtech startups increased more than three times to $2.5 billion in 2024, from $806 million in 2023, mainly driven by funds raised by fast commerce platform Zepto, as per the Developing Markets AgriFoodTech Investment Report 2025 by Omnivore and AgFunder.

Zepto became the highest-funded agrifoodtech startup in the world with almost $1.4 billion raised from three late-stage funding rounds. The report noted that the largest funding rounds of 2024 in India were led by eGrocery and restaurant startups, spaces ideally suited for India's high population density in cities and changing consumer aspirations. Midstream Technologies was also one of the strongest investment categories.

The report showed that agrifoodtech investment in developing markets hit $3.7 billion in 2024, up 63% year on year and representing 23% of agrifoodtech funding worldwide. Overall deal activity, however, fell 8.4%, with 523 deals completed in aggregate, representing a trend of fewer, but more substantial, investments.

India was one of the five nations that observed high investment growth, along with Mexico (+250%), Vietnam (+350%), Chile (+33%), and Singapore (+3%). The steep increase in India's funding reflects increasing investor confidence in India's agrifoodtech sector and its ability to disrupt supply chains, promote food security, and spur innovation along the agricultural value chain.